On Sep 27, 11:29*am, wf3h wrote:


and you don't have a right to a tax rate of 15% if you're rich. if
you're rich you pay the same rate as the middle class

Another liberal fable. The rich pay a 35% tax rate on income. It's
the rich Demoncrats in DC that pay *no* taxes, as we've all seen over
the last few months, eh?

On Sep 27, 11:48*am, Jack wrote:
On Sep 27, 11:29*am, wf3h wrote:



and you don't have a right to a tax rate of 15% if you're rich. if
you're rich you pay the same rate as the middle class

Another liberal fable. *The rich pay a 35% tax rate on income. *It's
the rich Demoncrats in DC that pay *no* taxes, as we've all seen over
the last few months, eh?

no, they don't. sorry. the rich make their money on capital gains. and
the capital gains tax is 15%, minus deductions for losses.

sorry, sport, you need to get some facts instead of inventing right
wing myths

On Sep 27, 1:05*pm, wf3h wrote:
On Sep 27, 11:48*am, Jack wrote:

On Sep 27, 11:29*am, wf3h wrote:

and you don't have a right to a tax rate of 15% if you're rich. if
you're rich you pay the same rate as the middle class

Another liberal fable. *The rich pay a 35% tax rate on income. *It's
the rich Demoncrats in DC that pay *no* taxes, as we've all seen over
the last few months, eh?

no, they don't. sorry.

Yes they do, sorry.

the rich make their money on capital gains. and
the capital gains tax is 15%, minus deductions for losses.

The rate for Long Term Capital gains is 15% for the "rich", and 0% for
the poor. Ooops.

sorry, sport, you need to get some facts instead of inventing right
wing myths

How about those Demoncrats that pay *NO* taxes? Is that OK with you?

On Sep 27, 6:36*pm, Jack wrote:
On Sep 27, 1:05*pm, wf3h wrote:

On Sep 27, 11:48*am, Jack wrote:

On Sep 27, 11:29*am, wf3h wrote:

and you don't have a right to a tax rate of 15% if you're rich. if
you're rich you pay the same rate as the middle class

Another liberal fable. *The rich pay a 35% tax rate on income. *It's
the rich Demoncrats in DC that pay *no* taxes, as we've all seen over
the last few months, eh?

no, they don't. sorry.

Yes they do, sorry.

*the rich make their money on capital gains. and

the capital gains tax is 15%, minus deductions for losses.

The rate for Long Term Capital gains is 15% for the "rich", and 0% for
the poor. *Ooops.

that's because the poor work for a living and pay 28%.

oh. you just ignore what the middle class pays because only the rich
are important.


sorry, sport, you need to get some facts instead of inventing right
wing myths

How about those Demoncrats that pay *NO* taxes? *Is that OK with you?

and the GOP has it structured so they pay no taxes anyhow, relying on
the middle class to bail 'em out. after all, that's how they maintain
their success

then they get folks like you to tell us how lucky we are to support
the rich

On Sep 27, 9:29*pm, wf3h wrote:
On Sep 27, 6:36*pm, Jack wrote:





On Sep 27, 1:05*pm, wf3h wrote:

On Sep 27, 11:48*am, Jack wrote:

On Sep 27, 11:29*am, wf3h wrote:

and you don't have a right to a tax rate of 15% if you're rich. if
you're rich you pay the same rate as the middle class

Another liberal fable. *The rich pay a 35% tax rate on income. *It's
the rich Demoncrats in DC that pay *no* taxes, as we've all seen over
the last few months, eh?

no, they don't. sorry.

Yes they do, sorry.

*the rich make their money on capital gains. and

the capital gains tax is 15%, minus deductions for losses.

Capital gains is a tax on investments. You *hope* you get to pay a
15% tax on a gain, because the alternative is that you lost some, or
all, of you initial investment. Meanwhile, you're still paying 35% on
your income, which is what you used when you gambled on the
investment.

So take a working professional making $500k a year, with $200k in
adjusted capital gains. Since deductions have long been phased out at
this income level, we can apply some simple math and see this person
pays about $205k in taxes. That's not enough? Why do you want to
penalize people that worked hard and becaome successful?


The rate for Long Term Capital gains is 15% for the "rich", and 0% for
the poor. *Ooops.

that's because the poor work for a living and pay 28%.


You're terribly confused. The single income range for a 28% tax rate
is $78,851 – $164,550; married filing jointly is $131,451 –
$200,300... hardly "poor". Your irrational hatred of successful
people is blinding you.

Jack wrote:
On Sep 27, 9:29 pm, wf3h wrote:
On Sep 27, 6:36 pm, Jack wrote:





On Sep 27, 1:05 pm, wf3h wrote:
On Sep 27, 11:48 am, Jack wrote:
On Sep 27, 11:29 am, wf3h wrote:
and you don't have a right to a tax rate of 15% if you're rich. if
you're rich you pay the same rate as the middle class
Another liberal fable. The rich pay a 35% tax rate on income. It's
the rich Demoncrats in DC that pay *no* taxes, as we've all seen over
the last few months, eh?
no, they don't. sorry.
Yes they do, sorry.
the rich make their money on capital gains. and
the capital gains tax is 15%, minus deductions for losses.

Capital gains is a tax on investments. You *hope* you get to pay a
15% tax on a gain, because the alternative is that you lost some, or
all, of you initial investment. Meanwhile, you're still paying 35% on
your income, which is what you used when you gambled on the
investment.

So take a working professional making $500k a year, with $200k in
adjusted capital gains. Since deductions have long been phased out at
this income level, we can apply some simple math and see this person
pays about $205k in taxes. That's not enough? Why do you want to
penalize people that worked hard and becaome successful?

The rate for Long Term Capital gains is 15% for the "rich", and 0% for
the poor. Ooops.
that's because the poor work for a living and pay 28%.


You're terribly confused. The single income range for a 28% tax rate
is $78,851 – $164,550; married filing jointly is $131,451 –
$200,300... hardly "poor". Your irrational hatred of successful
people is blinding you.


Perhaps he'd feel better if we took up a collection to help him get back
on his feet.

On Sep 28, 9:41*am, Jim wrote:
Jack wrote:
On Sep 27, 9:29 pm, wf3h wrote:
On Sep 27, 6:36 pm, Jack wrote:

On Sep 27, 1:05 pm, wf3h wrote:
On Sep 27, 11:48 am, Jack wrote:
On Sep 27, 11:29 am, wf3h wrote:
and you don't have a right to a tax rate of 15% if you're rich. if
you're rich you pay the same rate as the middle class
Another liberal fable. *The rich pay a 35% tax rate on income. *It's
the rich Demoncrats in DC that pay *no* taxes, as we've all seen over
the last few months, eh?
no, they don't. sorry.
Yes they do, sorry.
*the rich make their money on capital gains. and
the capital gains tax is 15%, minus deductions for losses.

Capital gains is a tax on investments. *You *hope* you get to pay a
15% tax on a gain, because the alternative is that you lost some, or
all, of you initial investment. *Meanwhile, you're still paying 35% on
your income, which is what you used when you gambled on the
investment.

So take a working professional making $500k a year, with $200k in
adjusted capital gains. *Since deductions have long been phased out at
this income level, we can apply some simple math and see this person
pays about $205k in taxes. *That's not enough? *Why do you want to
penalize people that worked hard and becaome successful?

The rate for Long Term Capital gains is 15% for the "rich", and 0% for
the poor. *Ooops.
that's because the poor work for a living and pay 28%.

You're terribly confused. *The single income range for a 28% tax rate
is $78,851 – $164,550; married filing jointly is $131,451 –
$200,300... hardly "poor". *Your irrational hatred of successful
people is blinding you.

Perhaps he'd feel better if we took up a collection to help him get back
on his feet.

A family member is a CPA, and always laughs when they hear someone
talking about how the rich don't pay any taxes. The so-called tax
shelters are long gone, US citizens have to pay taxes on income *world-
wide*, they are taxed at the highest rate, and the deduction are
phased out at the higher income levels. A higher percentage of their
income is taken for taxes, as it should be. But to say that they pay
no taxes, or are getting some sweetheart deal when it comes to taxes,
is just wrong.

On Sep 28, 9:35*am, Jack wrote:
On Sep 27, 9:29*pm, wf3h wrote:


the capital gains tax is 15%, minus deductions for losses.

Capital gains is a tax on investments. *You *hope* you get to pay a
15% tax on a gain, because the alternative is that you lost some, or
all, of you initial investment. *Meanwhile, you're still paying 35% on
your income, which is what you used when you gambled on the
investment.

it's a tax on investment INCOME. you pay it when you SELL the
investment otherwise you don't pay taxes on equities.

not too sharp at this are you?



So take a working professional making $500k a year, with $200k in
adjusted capital gains. *Since deductions have long been phased out at
this income level, we can apply some simple math and see this person
pays about $205k in taxes. *That's not enough? *Why do you want to
penalize people that worked hard and becaome successful?

?? gee you want to tax and penalize the middle class which works
hard...harder than the rich.

the hedgefund managers in your mind are worth more than firefighters,
nurses, police officers, etc. after all the hedgefund manager made
$100M by gambling, and he only pays 15% tax rate. so in your mind, the
firefighter SHOULD pay a 28% rate because he's committed the sin of
'not being successful'

yeah you're a sock puppet for the rich, all right.





The rate for Long Term Capital gains is 15% for the "rich", and 0% for
the poor. *Ooops.

that's because the poor work for a living and pay 28%.

You're terribly confused. *The single income range for a 28% tax rate
is $78,851 – $164,550; married filing jointly is $131,451 –
$200,300... hardly "poor". *Your irrational hatred of successful
people is blinding you

ROFLMAO!!! that's a middle class income, as opposed to your view of
the rich who only pay 15%

of course you're kind of dumb so don't know the difference between
investments and investment INCOME...

On Sep 28, 11:16*am, wf3h wrote:
On Sep 28, 9:35*am, Jack wrote:

On Sep 27, 9:29*pm, wf3h wrote:

the capital gains tax is 15%, minus deductions for losses.

Capital gains is a tax on investments. *You *hope* you get to pay a
15% tax on a gain, because the alternative is that you lost some, or
all, of you initial investment. *Meanwhile, you're still paying 35% on
your income, which is what you used when you gambled on the
investment.

it's a tax on investment INCOME. you pay it when you SELL the
investment otherwise *you don't pay taxes on equities.

not too sharp at this are you?

I know exactly what capital gains are, when they're realized, and how
they're taxed. The term is self-defining, at least to most. You're
the one that started offering mis-information about them. I should
have known that I'd have to spell everything out, since you like to
twist everthing into something it's not. That's your MO.




So take a working professional making $500k a year, with $200k in
adjusted capital gains. *Since deductions have long been phased out at
this income level, we can apply some simple math and see this person
pays about $205k in taxes. *That's not enough? *Why do you want to
penalize people that worked hard and becaome successful?

?? gee you want to tax and penalize the middle class which works
hard...harder than the rich.

I never said that, and you have no basis to say "rich" people don't
work hard. How could you know?


the hedgefund managers in your mind are worth more than firefighters,
nurses, police officers, etc. after all the hedgefund *manager made
$100M by gambling, and he only pays 15% tax rate. so in your mind, the
firefighter SHOULD pay a 28% rate because he's committed the sin of
'not being successful'


The hedgefund manager is a single exception, and that loophole needs
to be closed. However, while a significant portion of their salary
falls uinder the 15% rate, and that needs to be changed, another
portion is taxed at 35%, so your statement is misleading at best, and
an outright lie at worst.

Of course, the vast majority of the "rich" are not hedgefund managers,
have the vast majority of their earnings taxed at 35%, and work hard
for their money.

There are poor people who work hard, and there are poor people that
are worthless human beings. There are rich people that work hard, and
there are rich people that are worthless humans as well. The
difference is that I can see boths sides of the coin, while your
hatred only allows you to see one.




The rate for Long Term Capital gains is 15% for the "rich", and 0% for
the poor. *Ooops.

that's because the poor work for a living and pay 28%.

You're terribly confused. *The single income range for a 28% tax rate
is $78,851 – $164,550; married filing jointly is $131,451 –
$200,300... hardly "poor". *Your irrational hatred of successful
people is blinding you

ROFLMAO!!! that's a middle class income, as opposed to your view of
the rich who only pay 15%

That's right, it *is* a middle class income, so why did you write "the
poor work for a living and pay 28%"? That's a LIE.


of course you're kind of dumb so don't know the difference between
investments and investment INCOME...

You think the "poor" pay 28% income tax. News flash... the poor pay
little to NO income tax. Re-read your sentence above and tell us
about dumb. cya

"Jack" wrote in message
...
On Sep 27, 11:29 am, wf3h wrote:


and you don't have a right to a tax rate of 15% if you're rich. if
you're rich you pay the same rate as the middle class

Another liberal fable. The rich pay a 35% tax rate on income. It's
the rich Demoncrats in DC that pay *no* taxes, as we've all seen over
the last few months, eh?
---
Agrred, lib-dims feel they are exempt:

http://www.foxnews.com/story/0,2933,354846,00.html

http://www.cato-at-liberty.org/2009/...ple-pay-taxes/

Scary thought.